Financial Performance - The company's revenue for Q3 2024 reached ¥108,000,494.83, representing a 66.79% increase year-over-year[2] - Net profit attributable to shareholders was ¥6,521,638.54, a significant increase of 97.53% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥6,158,665.40, showing a remarkable growth of 208.27% year-over-year[2] - The company's basic earnings per share for Q3 2024 was ¥0.0594, up 98.64% compared to the same period last year[2] - Total operating revenue for the period reached ¥272,550,137.94, an increase of 24% compared to ¥219,738,641.99 in the previous period[15] - Net profit attributable to shareholders was ¥16,933,107.21, down 8% from ¥18,380,146.07 in the same period last year[16] - Basic and diluted earnings per share decreased to ¥0.1537 from ¥0.1665[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥953,385,386.94, reflecting a 9.93% increase from the end of the previous year[2] - The company's total equity attributable to shareholders increased to ¥489,750,335.66, a 1.52% rise from the previous year-end[2] - The total liabilities increased to CNY 463,635,051.28 from CNY 384,895,320.11, reflecting a growth of approximately 20.51%[14] - The company's equity attributable to shareholders rose to CNY 489,750,335.66 from CNY 482,394,673.86, an increase of about 1.48%[14] - The company's non-current assets totaled CNY 433,900,702.72, up from CNY 420,634,240.14, indicating a growth of approximately 3.01%[14] Cash Flow - Cash flow from operating activities showed a net outflow of ¥21,101,584.09, a drastic decline of 784.75% year-over-year[2] - Cash received from operating activities increased by 711.40% year-on-year to 5,249,907.37 CNY, mainly due to higher government subsidies[8] - Cash flow from investment activities decreased by 99.07% year-on-year, totaling 2,580,000.00 CNY, due to a lack of cash management activities compared to the previous year[8] - Cash received from financing activities increased by 222.91% year-on-year, reaching 97,030,000.00 CNY, due to higher bank borrowings[8] - The net cash flow from operating activities was -21,101,584.09 CNY, a decrease compared to 3,081,629.43 CNY in the previous period[18] - The net cash flow from financing activities increased to 53,742,675.70 CNY, compared to 948,756.82 CNY in the previous period[18] Expenses - Operating costs increased by 32.35% year-on-year, totaling 209,565,680.86 CNY due to higher revenue compared to the same period last year[8] - Financial expenses surged by 310.91% year-on-year, reaching 1,768,402.70 CNY, attributed to increased bank borrowings[8] - Tax expenses increased by 44.58% year-on-year, amounting to 937,602.20 CNY, influenced by deferred tax asset and liability timing differences[8] - Research and development expenses were ¥11,442,200.69, slightly up from ¥11,150,500.57, showing a focus on innovation[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,478[10] - The largest shareholder, Si Wuhong, holds a 30.10% stake with 32,907,567 shares[10] - The company distributed dividends totaling 3,410,780.88 CNY, a decrease of 66.63% compared to the same period last year[9] - The company repurchased a total of 603,600 shares, accounting for 0.5490% of the total share capital, with an average price of CNY 13.27 per share[12] - The company plans to lift the lock-up period for certain shareholders on October 18, 2024, which may impact stock liquidity[11] Government Subsidies - The company received government subsidies amounting to ¥213,969.14 during the reporting period[3] - Other income rose by 79.49% year-on-year to 2,759,673.17 CNY, primarily from increased government subsidies[8]
邵阳液压(301079) - 2024 Q3 - 季度财报